Tech Mahindra CEO Mohit Joshi says IT firms are overpromising when it comes to AI. He may be right.
Earlier this week, Tech Mahindra chief executive Mohit Joshi said that IT companies are promising 70-80% productivity gains from artificial intelligence in five years to their clients and that this is an unsustainable and “dangerous bet” that is “in the realms of fantasy”. Joshi’s comments come just as a number of IT services firms in India are releasing their first-quarter results and reiterating their commitment to making AI investments.
For instance, C. Vijayakumar, managing director and CEO of HCLTech, said recently that “given the growth momentum we are currently enjoying, we accelerated and pulled forward some of our generative AI …
Sethu writes on all things technology at The Morning Context. He previously worked as a senior sub-editor at Indian Express.
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